Marine Debris, Beach Quality and Non-Market Values
AbstractThis paper reports the first attempt to measure the importance of controlling marine debris as an aesthetic characteristic of beaches and coastal area. The results are based on a contingent valuation survey designed to estimate the economic value people would place on controlling marine debris on recreational beaches in New Jersey and North Carolina. A Weibull survival model was estimated treating the for and against votes as defining censoring points for the unknown willingness to pay distribution. The findings suggest: (1) people do distinguish situations with differing amounts of debris when they are described using color photographs; (2) the pilot survey implies measures of people's willingness to pay (WTP) for debris control are consistent wiht larger WTP associated with programs intended to address situations for more serious background levels of debris; and (3) local beach conditions seem to influence how people interpreted the plans describing beach conditions without the proposed control programs.
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Bibliographic InfoPaper provided by Duke University, Department of Economics in its series Working Papers with number 95-35.
Date of creation: 1995
Date of revision:
Publication status: Published in ENVIRONMENTAL AND RESOURCE ECONOMICS, Vol. 10, 1997, pages 223-247
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Postal: Department of Economics Duke University 213 Social Sciences Building Box 90097 Durham, NC 27708-0097
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Other versions of this item:
- V. Smith & Xiaolong Zhang & Raymond Palmquist, 1997. "Marine Debris, Beach Quality, and Non-Market Values," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 10(3), pages 223-247, October.
- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
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